Detailed text transcripts for TV channel - CNN - 20100916:02

Detailed text transcripts for TV channel - CNN - 20100916:02:03:00

reasons, pacific gas and electric made plans to replace a section of it in south san francisco just a couple miles away. in 2007, it got rate increases to do the work. according to a consumer watch dog group, pg&e got $5 million for the project. but the group called t.u.r.n., the utility reform network, says it never happened. >> the money is spent on what they call higher priority work. >> reporter: what was that? >> well, you can't track the dollars one by one, but we do know that they spent $62 million more on management incentive bonuses than they had forecasted in 2009. >> reporter: mike florio is senior attorney for the watchdog. he says pg&e spent the money dedicated for the pipeline. it is seeking rate increases again, another $5 million to replace the same stretch of

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